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Wireless

Twitter, Snap need new growth spurt to maintain spending on innovation

Monday 13 November 2017 | 13:10 CET | Author: Tim Poulus | Background
Twitter and Snap have both announced Q3 figures, and both are showing limited growth and losses. Twitter is no longer burning cash (Snap is) and is on the way to break-even at the net profit level. The question for both companies is whether they can remain independent. Can they enjoy a second youth, with growth in a new direction? Or will they end up takeover candidates for the likes of Facebook, Microsoft or Google? Renewed growth is doubtful but necessary if they are to maintain the necessary investments in R&D.

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Categories: Mobile & Wireless
Companies: Alphabet / Amazon / Facebook / Google / Instagram / LinkedIn / Microsoft / Skype / Snap / Snapchat / Twitter / WhatsApp
Countries: World
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